Analysis of Globalisation's Role in Driving Business Success: Report

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Added on  2023/02/02

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AI Summary
This report investigates the impact of globalisation on business success, focusing on the case of Tesco. The research employs qualitative techniques, analyzing the experiences of Tesco employees to understand the positive and negative impacts of globalisation on business performance. The report examines key themes such as the concept of globalisation, its impact on industries, and its role in driving business growth. Findings indicate that globalisation significantly influences business operations, affecting factors such as market competition, import/export relationships, and technological advancements. The research concludes that while globalisation presents challenges, it is a key driver of business success, as evidenced by the experiences within Tesco. The report also includes references to relevant academic sources.
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RESEARCH PAPER
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INTRODUCTION
Globalisation refers to the process through which organisation develop international
contacts to provide their products and services in the international market. The
researcher for this particular project has selected the Topic “ How globalisation can
drive business success”. In this research the researcher will first provide the aims and
objectives of the research which will assist in completing the project.
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AIMS AND OBJECTIVES
Aim:
To determine importance of globalisation which drive business success with
context of Tesco.
Objectives:
To identify the term and concept of globalization
To Determine importance of globalisation in order to achieve business success
To identify impact of globalisation in business world
To assess risk and challenges which attributes to globalization
To determine changes with globalisation in business success
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Theme 1: Concept of globalisation
Particulars respondent
Yes 16
No 4
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Theme 2: Experience of working in organisation
Particulars respondent
0-3 years 4
3-7 years 3
7-10 years 8
More than 10 years 5
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Theme 3: Globalisation in economies
improved industry relationship
Particulars respondent
Yes 15
No 3
May be 2
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Theme 4: Result of globalisation
Particulars respondent
Inequalities between
poor and rich countries
5
Increase in demand of
consumers for foreign
goods
2
Global competition
between industries got
increased
9
Decrease in services and
manufacturing of goods
2
Other 2
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Theme 5: Globalisation is the factor which drive business success
Particulars respondent
Agree 10
Disagree 4
Neutral 2
Strongly agree 2
Strongly disagree 2
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Theme 6: Globalisation brings risk and challenges in industry's
business operations
Particulars respondent
Agree 5
Disagree 2
Neutral 9
Strongly agree 2
Strongly disagree 2
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Theme 7: globalisation is the factor which helps in establishing better
import and export relationship between countries across the world
Particulars respondent
TRUE 16
FALSE 4
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Theme 8: changes occurred in business
operations of industry because of globalisation
Particulars respondent
Technological advancement 7
Free trade barriers 4
Easy import and export
facility
4
Increase in skilled workers 3
Valuable production
activities
2
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Theme 9: globalisation is main tool which badly
affecting business environment across the nation
Particulars respondent
Yes 4
No 3
May be 13
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1 out of 16
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